Pennsylvania Consolidated & Unconsolidated Statutes
Chapter 15 - Corporate Powers, Duties and Safeguards
Section 1506 - Form of execution of instruments


(a) General rule.--Any form of execution provided in the articles or bylaws to the contrary notwithstanding, any note, mortgage, evidence of indebtedness, contract or other document, or any assignment or endorsement thereof, executed or entered into between any business corporation and any other person, when signed by one or more officers or agents having actual or apparent authority to sign it, or by the president or vice president and secretary or assistant secretary or treasurer or assistant treasurer of the corporation, shall be held to have been properly executed for and in behalf of the corporation.
(b) Seal unnecessary.--The affixation of the corporate seal shall not be necessary to the valid execution, assignment or endorsement by a corporation of any instrument or other document.
(c) Cross reference.--See section 4146 (relating to provisions applicable to all foreign corporations).

Cross References. Section 1506 is referred to in section 4146 of this title.

Structure Pennsylvania Consolidated & Unconsolidated Statutes

Pennsylvania Consolidated & Unconsolidated Statutes

Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS

Chapter 15 - Corporate Powers, Duties and Safeguards

Extra - Chapter Notes

Section 1501 - Corporate capacity

Section 1502 - General powers

Section 1503 - Defense of ultra vires

Section 1504 - Adoption, amendment and contents of bylaws

Section 1505 - Persons bound by bylaws

Section 1506 - Form of execution of instruments

Section 1507 - Registered office

Section 1508 - Corporate records; inspection by shareholders

Section 1509 - Bylaws and other powers in emergency

Section 1510 - Certain specifically authorized debt terms

Section 1511 - Additional powers of certain public utility corporations

Section 1512 - Informational rights of a director

Section 1513 - Forum selection provisions

Section 1521 - Authorized shares

Section 1522 - Issuance of shares in classes or series; board action

Section 1523 - Pricing and issuance of shares

Section 1524 - Payment for shares

Section 1525 - Stock rights and options

Section 1526 - Liability of shareholders

Section 1527 - Issuance of fractional shares or scrip

Section 1528 - Shares represented by certificates and uncertificated shares

Section 1529 - Transfer of securities; restrictions

Section 1530 - Preemptive rights of shareholders

Section 1531 - Voting powers and other rights of certain securityholders and other entities

Section 1532 - Effect of failure to surrender securities converted by reorganization

Section 1551 - Distributions to shareholders

Section 1552 - Power of corporation to acquire its own shares

Section 1553 - Liability for unlawful dividends and other distributions

Section 1554 - Financial reports to shareholders

Section 1571 - Application and effect of subchapter

Section 1572 - Definitions

Section 1573 - Record and beneficial holders and owners

Section 1574 - Notice of intention to dissent

Section 1575 - Notice to demand payment

Section 1576 - Failure to comply with notice to demand payment, etc

Section 1577 - Release of restrictions or payment for shares

Section 1578 - Estimate by dissenter of fair value of shares

Section 1579 - Valuation proceedings generally

Section 1580 - Costs and expenses of valuation proceedings